2 years ago
Digital plus absorption steadfast HashKey Group has received regulatory support from the Securities and Futures Commission (SFC) of Hong Kong to grow its over-the-counter (OTC) commercialized offerings.
HashKey Group had received 2 licenses from the SFC, allowing the steadfast to commercialized securities tokens and supply automated trading services. However, HashKey’s clients were lone constricted to commercialized tokens lone listed connected the platform.
HashKey announced connected Feb. 24 that it had obtained regulatory support to connection an off-platform virtual plus trading OTC concern successful concern with Hash Blockchain Limited (HBL).
With the SFC’s approval, HashKey tin enactment arsenic an intermediary to facilitate trades from its clients adjacent if they privation to commercialized tokens not listed connected the exchange’s bid book.
HashKey president Michel Lee said that the SFC’s support would let the trading steadfast to supply its clients with much concern options successful a unafraid and transparent environment.
Lee added that the steadfast was moving connected launching HashKey PRO- a regulatory-compliant speech designed to foster accrued spot and transparency among investors.
The station HashKey obtains SFC support to connection off-platform OTC trading appeared archetypal connected CryptoSlate.
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